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Export Guarantees Amendment Money

Volume 886: debated on Monday 10 February 1975

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Queen's Recommendation having been signfied

Resolved,

That, for the purposes of any Act of the present Session to make further provision in connection with the powers and duties of the Secretary of State under the Export Guarantees Acts 1968 and 1970, it is expedient to authorize—
  • (1) the payment out of moneys provided by Parliament of any sums required by the Secretary of State for making—
  • (a) loans in connection with the provision of financial facilities in respect of export contracts;.
  • (b) grant—
  • (i) for supplementing interest received or receivable as consideration for the provision of such facilities;
  • (ii) in respect of interest paid or pay able under such contracts;
  • (2) any increase in the sums payable out of such moneys or charged on the Consolidated Fund under the Export Guarantees Act 1968 which is attributable to new provisions replacing section 4 of that Act;
  • (3) payments into the Consolidated Fund.—[Mr. Dunn.]